Financing ESS Technologies, Inc. Packaging Machinery

ESS Technologies, Inc. has partnered with American Packaging Capital, Inc. to offer financing solutions for purchasing new packaging machinery. Three leasing options and a choice of lease terms allow for a payment to fit any budget.

Financing Can Benefit Your Business

• Use vs. Ownership: The value of equipment is in its use, not its ownership. Financing enables you to pay for the equipment with future profit instead of working capital.
• Affordability: Financing results in low monthly payments over 1-5 years, and the equipment can be purchased for a nominal cost at the end of the lease term.
• Fixed Payments: Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank financing.
• Cash Conservation: Monthly payments leave cash available for operational expenses or seasonal cash flow needs.
• Preserve Credit Lines: Borrowing from the bank shrinks available credit lines. Financing maintains credit lines for non-equipment uses.

Leasing Options

• Lease payments are charged to Operating Budget - which avoids Capital Budget constraints.
• Lease payments are generally lower than all other financing options - and are 100% deductible against taxable income.
• Leasing can greatly reduce the Cost Recovery Period for equipment.
• Operating Leases are Off-Balance Sheet transactions and improve most financial ratios, including ROA, ROI, and Debt/Net Worth measurements.
• Operating Lease payments are not an Alternative Minimum Tax item.

• Fixed purchase options.
• Generally treated as a booked asset and liability on financial statements.
• Preserves bank lines of credit for operations, real estate, or other capital expenditures.